Tax
Tax News & IRS Insights for Accounting Professionals
Accounting Today delivers news and analysis for accounting and tax professionals on federal and state tax developments, IRS guidance,information reporting, and operational implications for practices and clients. Our coverage focuses on legislative and procedural shifts that tax practitioners must monitor in planning, compliance, and advisory contexts.
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The former president and the House Oversight Committee failed to agree on the release of his financial documents after several rounds of negotiations.
June 24
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Facing an indictment on tax charges in the U.S., McAfee had been in Spanish custody since October.
June 24
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Companies and their advisors first need to determine who has the authority to grant such tax benefits.
June 23
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Top White House aides wrapped up a meeting with a group of senators Tuesday without producing an infrastructure compromise, as differences on how to pay for a proposed $579 billion in new spending for roads, bridges and other projects continue to bedevil the talks.
June 23
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Stephen Schwarzman said the risk of an increase in U.S. capital gains taxes has led to explosive growth in potential targets for his alternative investment firm.
June 23
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Senate Budget Committee Chairman Bernie Sanders is proposing to partially revive the federal deduction for state and local taxes in an draft outline of a budget resolution designed to fast-track much of President Joe Biden’s economic agenda.
June 23
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A new holiday; VAT questions; give parents credit; and other highlights from our favorite tax bloggers.
June 22
